PROSHARES ULTRAPRO QQQ (TQQQ) Stock Technical Analysis
NASDAQ:TQQQ - Nasdaq - US74347X8314 - ETF - Currency: USD
Taking everything into account, TQQQ scores 5 out of 10 in our technical rating. In the past year, TQQQ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
67% of all other stocks performed better in the past year than TQQQ.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month TQQQ has a been trading in the 48.54 - 71.99 range, which is quite wide. It is currently trading near the high of this range.
TQQQ has an average volume of 121768000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TQQQ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TQQQ is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
TQQQ has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
41.58
90.29
We found 2 important support areas.
- A support zone ranging from 67.62 to 67.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.00 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 71.45 to 71.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @86.00 from a trend line in the daily time frame.
- Resistance @89.40 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.19
Mansfield-0.65
10 Day High71.99
10 Day Low57.66
20 Day High71.99
20 Day Low48.54
52 Week High93.79
52 Week Low35
Performance
1 Week-3.44%
2 Weeks18.36%
1 Month41.39%
3 Month-18.84%
6 Month-13.18%
12 Month3.96%
2 Year95.51%
3 Year105.57%
5 Year228.33%
10 Year1315.66%
15 Year14226.7%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.17
RSI(14)61.86
LBB53.17
UBB76.56
67.94
-2.95 (-4.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.16%
1 Week-3.44%
2 Weeks18.36%
1 Month41.39%
3 Month-18.84%
6 Month-13.18%
12 Month3.96%
2 Year95.51%
3 Year105.57%
5 Year228.33%
10 Year1315.66%
15 Year14226.7%
Volatility
ATR(14)3.14
ATR(20)%4.8%
ATR Inc7.17%
Range Today4.81
ADR(20)2.77
ADR(20)%4.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.19
Mansfield-0.65
10 Day High71.99
10 Day Low57.66
20 Day High71.99
20 Day Low48.54
52 Week High93.79
52 Week Low35
CS1 End67.93
CR1 Start71.45
Volume & EV
DER(3)1.06%
DER(5)1.8%
Volume109.63M
Volume Incr-24.27%
Vol(5)78.64M
Vol(50)121.77M